Oracle 1Z0-1054-21 Value Pack (Frequently Bought Together)

Your Customer has three legal entities, 50 Departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle's recommended best practice when implementing: a new chart of accounts? How many segments and what segment qualifiers should be used?

• A. Define five segments for the company, department, natural account, intercompany segment and future segment. The qualifiers should be primary balancing segment , cost center segment, natural account segment, intercompany segment an no qualifier respectively.
• B. Define Three segments for the company, department, and natural accounts. The qualifiers should be primary balancing segment, intercompany segment, cost center segment, and natural account segment, respectively
• C. Define four segments for the company, department, natural account and intercompany segment. The qualifiers should be primary balancing segment , cost center segment, natural account segment and intercompany segment respectively
• D. Define Three segments for the company, department, and natural accounts, the qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively

In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

• A. They can have the System Administration customize pages for them using Page Composer
• B. They can format each table by hiding and showing columns, moving columns, and resizing columns
• C. Users have very little control their Springboards and Work Areas; they can only resize columns
• D. They can use Personalization to move and remove regions from those pages

Your customer is reconciling their Intercompany Receivables accounts. Which two reports should they use in addition to using the intercompany Reconciliation report?

• A. Receivables to General Ledger Reconciliation report
• B. AR Aging report
• C. Receivables Aging by General Ledger Account report
• D. General Ledger Trial Balance report

You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit.
and Loss Accounts (4000-2222). ) being
The following combinations exist in the Code Combination table:
01-000-4110-00, 01-000-5299-000, 01-000-5105-000 and 01-000-7640-00
Which two statements are true regarding cross-validation rules?

• A. The rules validate and apply to new accounts only
• B. The rules will validate and apply to new and existing accounts. Xs
• C. You need to run the Cross-Validation Rules Process to list and optionally disable combinations a
• D. There is no need to create cross-validation rules if Dynamic Combination Creation eek. fs ; enabted for your chart of accounts instance. 1 & You need to run the Cross-Validation Rule Violations process to allow rules te apely lind combinations that violate rules.

Your customer is a financial Institution that needs to maintain average daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?

• A. Average balances are stored in the Essbase cube
• B. ADB provides organizations with the ability to track average and end-of-day balances, report average balance sheets, and create custom reports using both actual and average balances
• C. Average balances are maintained for both actual and budget balances
• D. When using ADB, you must define a daily calendar and assign it to your ADB ledger
• E. Average balances are stored for both subledger balances and general ledger balances